General Dynamics Corporation., In the Matter of

Last Updated:
In the Matter of General Dynamics Corporation
FTC Matter/File Number:

0610150

Docket Number:

C-4181

Enforcement Type:

Part 2 Consents

Case Summary

The consent order settled charges that General Dynamics’ proposed $275 million acquisition of SNC Technologies, Inc. and SNC Technologies, Corp. (collectively, SNC) would likely undermine competition by bringing together two of only three competitors providing the U.S. military with melt-pour load, assemble, and pack (LAP) services used during the manufacture of ammunition for mortars and artillery. Absent relief, the proposed acquisition would likely force the U.S. military to pay higher prices for these munitions. General Dynamics is required to sell its interest in American Ordnance to an FTC-approved buyer within four months of acquiring SNC.